DLocal (DLO) vs ExlService (EXLS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
DLocal (DLO) has outperformed ExlService (EXLS) over the past year, gaining 4.4% versus a loss of 16.2%. Over five years, EXLS leads with a +43.0% price change compared with -75.9% for DLO. ExlService is the larger company by market cap ($5.38 billion vs $4.35 billion), about 1.2 times the size, while DLocal is growing revenue faster (+46.6% vs +13.6%).
On valuation, DLocal trades at a lower forward P/E (12.9x vs 13.7x for ExlService). DLocal pays a dividend yielding 1.31%, while ExlService does not currently pay one. DLocal converts more of its revenue into profit, with a net margin of 18.0% versus 12.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DLO | EXLS |
|---|---|---|
| Share price | $14.77 | $35.51 |
| Market cap | $4.35B | $5.38B |
| 1-day change | +1.65% | +0.28% |
| YTD return | +4.46% | -16.33% |
| 1-year return | +4.38% | -16.15% |
| 5-year return | -75.90% | +43.01% |
| P/E ratio (TTM) | 21.72 | 22.47 |
| Forward P/E | 12.91 | 13.67 |
| EPS (TTM) | $0.68 | $1.58 |
| Dividend yield | 1.31% | 0.00% |
| Annual dividend | $0.194 | $0.00 |
| Revenue (latest FY) | $1.09B | $2.09B |
| Revenue growth (YoY) | +46.60% | +13.56% |
| Net income (latest FY) | $196.80M | $251.02M |
| Gross margin | 36.83% | 38.37% |
| Operating margin | 20.11% | 15.03% |
| Net margin | 18.00% | 12.02% |
| 52-week high | $16.78 | $43.88 |
| 52-week low | $10.64 | $24.85 |
| Distance from 52-week high | -11.98% | -19.07% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +27.29% | +25.68% |
| Average volume | 1.99M | 2.22M |
| Shares outstanding | 178.04M | 151.61M |
| Employees | 1,274 | 65,000 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Business Services | Business Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- DLO has outperformed EXLS by 20.5 percentage points over the past year.
- DLocal offers a meaningfully higher dividend yield (1.31% vs 0.00%).
- DLocal is more profitable, keeping 18.0 cents of every revenue dollar as net income versus 12.0 cents for ExlService.
- DLocal grew revenue faster in its latest fiscal year (+46.60% vs +13.56%).
About DLocal
DLO stock →DLocal Limited, together with its subsidiaries, provides payment processing services worldwide. The company offers a robust pay-in solution to help global merchants expand their online presence and receive payments, including international and local cards, online bank transfers, direct debit, cash, and hundreds of alternative payment methods (APMs).
Consumer Discretionary · Business Services · 1,274 employees
About ExlService
EXLS stock →ExlService Holdings, Inc., operates as a data and artificial intelligence (AI) company in the North America, the United Kingdom, Europe, and internationally. The company operates through Insurance; Healthcare and Life Sciences; Banking, Capital Markets, and Diversified Industries; and International Growth Markets.
Consumer Discretionary · Business Services · 65,000 employees
DLO vs EXLS FAQ
Which is bigger, DLocal or ExlService?
ExlService (EXLS) is larger, with a market capitalization of $5.38B compared with $4.35B for DLocal (DLO).
Which stock has performed better over the past year, DLO or EXLS?
DLO returned +4.38% over the past 12 months, compared with -16.15% for EXLS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DLO or EXLS?
DLO has the lower trailing P/E at 21.7, versus 22.5 for EXLS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, DLocal or ExlService?
DLocal pays a dividend yielding 1.31%, while ExlService does not currently pay a regular dividend.
Are DLocal and ExlService in the same industry?
Yes. Both are classified in the Business Services industry within the Consumer Discretionary sector.